Billiard Congress Of America is located in Longmont, CO. The organization was established in 1989. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Billiard Congress Of America employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Billiard Congress Of America is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Billiard Congress Of America generated $503.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $708.6k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE SUCCESS OF OUR MEMBERS AND PROMOTE THE GAME OF BILLIARDS, IN ADDITION TO SANCTIONING TOURNAMENTS. THE ORGANIZATION HOLDS A TRADE SHOW ANNUALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOURNAMENTS AND EVENTS - TOURNAMENTS ARE HELD TO PROVIDE COMPETITION FOR PROFESSIONAL MEN AND WOMEN AND TO PROMOTE THE SPORT TO A WIDER AUDIENCE. THE TRADE SHOW IS CONDUCTED TO PROVIDE A MARKETPLACE FOR BILLIARDS BUSINESS AND EDUCATION TO TAKE PLACE.
MARKETING AND BUSINESS DEVELOPMENT - MARKETING IS CONDUCTED TO PROMOTE THE BUSINESS OF BILLIARDS TO THE CONSUMER, WHILE BUSINESS DEVELOPMENT IS TARGETED TO PROVIDE BUSINESS EDUCATION TO INDIVIDUALS INVOLVED IN THE BILLIARDS BUSINESS.
MEMBERSHIP AND INSTRUCTORS - MEMBERSHIP IS PROVIDED TO EDUCATE AND INFORM AND TRAIN MEMBERS IN THE BILLIARDS BUSINESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shane Bouchard Chairman | OfficerTrustee | 5 | $0 |
Nick Kroll Treasurer | OfficerTrustee | 5 | $0 |
Ivan Lee Vice Chairman | OfficerTrustee | 5 | $0 |
Stephanie Schmidt Secretary | OfficerTrustee | 5 | $0 |
Robbie Selby Director | Trustee | 5 | $0 |
Debbie Corvey Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $42,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $42,000 |
Total Program Service Revenue | $432,049 |
Investment income | $21,891 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $398 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $6,927 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $503,265 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $215,196 |
Compensation of current officers, directors, key employees. | $13,092 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $33,750 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $25,191 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,090 |
Fees for services: Accounting | $26,632 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $189,541 |
Advertising and promotion | $14,651 |
Office expenses | $10,303 |
Information technology | $12,438 |
Royalties | $0 |
Occupancy | $30,599 |
Travel | $29,506 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,375 |
Interest | $7,063 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,212 |
Insurance | $10,360 |
All other expenses | $20,133 |
Total functional expenses | $708,610 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,883 |
Savings and temporary cash investments | $2,725 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $21,296 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $12,943 |
Prepaid expenses and deferred charges | $10,396 |
Net Land, buildings, and equipment | $12,222 |
Investments—publicly traded securities | $535,908 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,600 |
Total assets | $640,973 |
Accounts payable and accrued expenses | $16,302 |
Grants payable | $0 |
Deferred revenue | $176,265 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $148,100 |
Other liabilities | $1,529 |
Total liabilities | $342,196 |
Net assets without donor restrictions | $298,777 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $640,973 |